Xiaomi: We’re not making a smart watch!

Roughly a week ago we’ve told you that Xiaomi is working on a smart watch. Guess what? That’s not happening, according to co-founder Liwan Jiang. He went on to add that Xiaomi will rather focus on its phone and TV businesses, but didn’t rule out the idea would never come to light.

That rumor we’ve mentioned suggests that Xiaomi will use a special, watered-down version of its MIUI platform that runs on top of Android for its smart watch.

Something tells me this isn’t the last time we’ll be talking about Xiaomi smart watch. 2014 will likely be the year of smart wearable devices and the Chinese company would be foolish to miss the opportunity this market brings.